NOT LISTED FOR SALE

389 Nostrand Ave Brooklyn, NY 11216

Bed-Stuy Neighborhood

Estimated Value: $1,884,587

-- Bed
-- Bath
2,400 Sq Ft
$785/Sq Ft Est. Value

About This Home

This home is located at 389 Nostrand Ave, Brooklyn, NY 11216 and is currently estimated at $1,884,587, approximately $785 per square foot. 389 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 305 Dr. Peter Ray, Success Academy Charter School-NYC 9, and New Visions Aim Charter High School I..

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
389 Nostrand Ave Llc
Bought by
389 Nostrand Llc
Current Estimated Value
$1,884,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,066
Outstanding Balance
$1,054,133
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$830,454

Purchase Details

Closed on
Mar 18, 2015
Sold by
I K A 68 Corp
Bought by
389 Nostrand Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Interest Rate
3.77%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2012
Sold by
Fairbanks National Holding Llc
Bought by
I K A 68 Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2009
Sold by
Karen Sager Esq As Referee
Bought by
Fairbanks National Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.92%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2004
Sold by
Harris Angie and Johnson Erick
Bought by
2180 Dean Street Llc

Purchase Details

Closed on
Jan 10, 2000
Sold by
Pough Edward
Bought by
Harris Angie and Johnson Erick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
8.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 1997
Sold by
Pough Edward and Thompson Marvin
Bought by
Pough Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
389 Nostrand Llc $1,850,000 --
389 Nostrand Ave Llc -- --
389 Nostrand Ave Llc -- --
I K A 68 Corp $480,000 --
I K A 68 Corp $480,000 --
Fairbanks National Holding Llc $165,000 --
Fairbanks National Holding Llc $165,000 --
2180 Dean Street Llc $210,000 --
2180 Dean Street Llc $210,000 --
Harris Angie -- Commonwealth Land Title
Harris Angie -- Commonwealth Land Title
Pough Edward -- First American Title Ins Co
Pough Edward -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 389 Nostrand Llc $1,064,066
Previous Owner 389 Nostrand Ave Llc $252,500
Previous Owner I K A 68 Corp $430,000
Previous Owner Fairbanks National Holding Llc $165,000
Previous Owner Harris Angie $182,000
Previous Owner Pough Edward $150,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,216 $97,860 $8,820 $89,040
2024 $2,216 $86,760 $8,820 $77,940
2023 $2,117 $77,940 $8,820 $69,120
2022 $1,967 $62,040 $8,820 $53,220
2021 $1,960 $55,740 $8,820 $46,920
2020 $974 $46,860 $8,820 $38,040
2019 $1,924 $40,740 $8,820 $31,920
2018 $1,771 $8,686 $2,256 $6,430
2017 $1,674 $8,210 $2,286 $5,924
2016 $1,551 $7,761 $2,593 $5,168
2015 $934 $7,761 $3,109 $4,652
2014 $934 $7,663 $3,477 $4,186
Source: Public Records

Map

New York Kings County Brooklyn 11216 Bed-Stuy

389 Nostrand Ave, Brooklyn, NY

This home is located at 389 Nostrand Ave, Brooklyn, NY 11216 and is currently estimated at $1,884,587, approximately $785 per square foot. 389 Nostrand Ave is a home located in Kings County with nearby schools including P.S. 305 Dr. Peter Ray, Success Academy Charter School-NYC 9, and New Visions Aim Charter High School I..

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